tomo logo

$219,900

Beds
1
Baths
1.0
sq ft
943

722 Caribbean Cir Unit 10, Venice, FL 34293

722 Caribbean Cir Unit 10

VENICE, FL 34293

  • 71 days on market
HOA WILL REIMBURSE NEW OWNER $20,000 IN 2025 FOR ROOF INSTALLED IN 2024. Are you dreaming of the perfect affordable, cozy, comfy getaway or a full-time residence in paradise? This is a charming 1 bedroom with a den/study - stand-alone villa which has been meticulously maintained and updated by the owner. This villa is a real gem and offers a serene retreat with all the modern conveniences you could wish for. Beautifully updated, it features ceramic tile floors throughout, new ceiling fans, new light fixtures, new appliances and updated kitchen cabinets. The den/study has pocket doors which adds to the charm of this villa. The NEW ROOF WITH 35 YEAR WARRANTY, NEW HURRICANE WINDOWS WITH LIFETIME WARRANTY, new custom blinds throughout, epoxy finished carport, Butler pavers and so much more! This villa is being offered partially furnished and has plenty of storage, this is a 55+ community and it is move in ready! Seller has had Inspection done in January 2025 and happy to share this with new owner. THE HOA FEES WILL BE DECREASED TO $485.29/MONTH DUE TO CHANGES TO GOVERNING DOCUMENTS. We welcome you to make an appointment to come see this villa!

Details

Property type

Condominium

Est. home value

$201,665

Lot size

1 sq ft

Price per sq ft

$234

Year built

1967

Annual property taxes

$1,068.37

Monthly HOA fee

$600

Price History

01/13/2025
StellarMLS

StellarMLS #N6135635

Price change
$219,900
+10.01%
11/27/2024
StellarMLS

StellarMLS #N6135635

Listed
$199,900
+85.09%
12/31/2018
StellarMLS

StellarMLS #N6102160

Sold
$108,000
-13.6%

Schools & Community

Elementary school: 

Garden Elementary

Middle school: 

Venice Area Middle

High school: 

Venice Senior High

Senior community center: 

Yes

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$157,469
Asking price
$219,900
Closing costs (~8% of asking)
-$17,592
Est. remaining loan balance
-$44,839
Cash to seller
$157,469

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

December 2018

Original loan amount

$50,000

Est. remaining balance

$44,839

Interest rate

4.94%

Loan type

New Conventional, 30 year

Seller

Linda Erickson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/06/2025 at 6:15 PM

Listing updated: 01/21/2025 at 4:38 PM

Listed by: Karen Fox, EXIT KING REALTY Phone #: (941) 497-6060

MLS: StellarMLS #N6135635

StellarMLS logo

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